10000 results found for 'tanker'

10000 results found for 'tanker'
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  • NASSCO Signs ECO Tanker Deal

    12 November 2013

    General Dynamics NASSCO has entered into a contract with Seabulk Tankers, Inc., a wholly owned subsidiary of SEACOR Holdings Inc., for the design and construction of one 50,000 deadweight ton LNG-conversion-ready product carrier with a 330,000 barrel cargo capacity, plus an option for one additional vessel. This new 610-foot-long tanker is a continuation of the […]

  • Maersk Product Tankers Back to Black

    25 March 2020
    Business & Finance

    Maersk Product Tankers returned to black having reported a profit of USD 91.4 million for 2019.

  • Scorpio Tankers Announces Newbuilding Agreements

    6 August 2013
    Business & Finance

    Scorpio Tankers Inc. announced today that it has reached agreements to construct four Very Large Gas Carriers (VLGC) at two yards in South Korea along with two MR and two Handymax ice class-1A fuel efficient product tankers at Hyundai Mipo Dockyard Co., Ltd. of South Korea (HMD). Additionally, the company took delivery of the eleventh […]

  • KOTC Names Two New Tankers

    21 March 2014
    Business & Finance

    KOTC celebrated naming of the two tankers “Dasma” and “Boubyan”. Naming of the new tankers comes within Phase III for fleet revamping that includes building 4 medium-range oil product tankers, 1 long-term petroleum product tanker AFRAMAX LR-2 being built by Hyundai Mipo and 4 supertankers VLCC being built by Daewoo. Dasma and Boubyan tankers are […]

  • Tanker Spills at 5-Year Low

    12 January 2015

    Half-way into this decade and the downward trend in oil spills from tankers is sustained reaching a five-year low, according to the International Tanker Owners Pollution Federation Limited (ITOPF). For the last two and a half decades the average number of incidents involving oil spills from tankers has progressively halved, with the current figures showing […]

  • HMD Tied to MR Tanker Order

    17 November 2017
    Business & Finance

    South Korean shipbuilder Hyundai Mipo Dockyard (HMD) has secured an order for a 50,000 dwt MR product tanker from clients of Monaco-based Central Shipping Group, Clarksons Platou Shipbroking reports. The ship will be built at HMD’s Ulsan facility and is slated for delivery in the first quarter of 2019. As disclosed, the order includes one […]

  • Five Newbuild Tankers Join Scorpio

    21 January 2015
    Business & Finance

    Tanker owner and operator Scorpio Tankers has taken delivery of five newbuilding vessels. An LR2 product tanker STI Rose was delivered from Daehan Shipbuilding Co. Ltd, which, upon delivery, began a voyage for 14 days at approximately USD 30,000 per day. The newbuild deliveries include two MR product tankers, STI Tribeca and STI Gramercy, delivered from […]

  • d’Amico Disposes of Two MR Tankers

    1 February 2017
    Business & Finance

    Italy-based shipping company d’Amico International Shipping (DIS) revealed that its subsidiary d’Amico Tankers sold two medium range (MR) product tankers to Monaco-based ship management firm Sea World Management for USD 13.5 million each.  The vessels in question are MT High Endurance and MT High Endeavour, both of them built by South Korean shipbuilder STX Offshore […]

  • E&S Tankers’ new ship bunkered with LNG in Antwerp

    19 February 2024
    Infrastructure, Vessels

    Dutch bunker supplier Titan has carried out liquefied natural gas (LNG) bunkering operation for E&S Tankers, a Germany-based joint venture between shipping companies Essberger Tankers and Stolt Tankers.

  • India: Tanker ‘Pratibha Cauvery’ Refloated

    12 November 2012

    Five day salvage work on grounded ship MT Pratibha Cauvery concluded yesterday with the assistance of Malavya 21 towing vessel, NDTV reports. The salvage team from Singapore refloted the tanker from Chennai beach into the Bay of Bengal waters on Sunday without any oil spill from the ship that will stay in the outer anchorage […]

  • Ardmore Buys Six MR Tankers

    8 June 2016
    Business & Finance

     New York-listed Ardmore Shipping Corporation (Ardmore) has reached agreement to acquire six modern, Eco-Design MR product/chemical tankers for an aggregate purchase price of USD 172.5 million. The vessels, which have an average age of 2.4 years, are scheduled to be delivered to Ardmore on a charter-free basis between September and October 2016. The acquisition will expand Ardmore’s […]

  • Ridgebury Mulling Tanker Fleet Sale

    20 November 2015
    Business & Finance

    Oslo-listed Ridgebury Holdings is looking into selling some or all of its tankers, including the ones owned by Ridgebury Crude Tankers, and keep only the four very large crude carriers (VLCCs) bought by the company’s subsidiary, Ridgebury V4 Investments, back in July. The Connecticut-based Ridgebury confirmed the interest in selling its tanker fleet in the financial report for the […]

  • KERALA Tanker Released from Hijackers

    29 January 2014
    Business & Finance

    Dynacom Tankers Management, the operator of the vessel “KERALA” (IMO No. 9390927), recently hijacked at Angola, Luanda Anchorage reported that on Sunday, 26 January 2014 they had re-established contact with the vessel. All crew members are alive and accounted for, but one is wounded and all have clearly been affected by their ordeal. A large […]

  • Crowley takes delivery of second LNG-ready tanker

    24 December 2015
    Vessels

    Jacksonville-based Crowley Maritime said it has taken delivery of the second of four LNG-ready product tankers from Philly Shipyard.

  • Tanker Activities Push Norden to Profit

    3 May 2017
    Business & Finance

    Danish shipping company Dampskibsselskabet Norden A/S has reported its adjusted result for the first quarter of 2017 at USD 1 million, against a loss of USD 5 million seen in 2016. Coverage prevented Norden from benefitting from a dry cargo market that continued a gradual improvement on the back of strong year-on-year increase in Chinese imports, […]

  • Tanzanian-Flagged Tanker Sanctioned by UN

    25 July 2017
    Business & Finance

    The United Nation Security Council’s Committee on Libya has added an oil product tanker Capricorn to its list of individuals and entities subject to the assets freeze.  The Tanzanian-flagged vessel Capricorn (IMO: 8900878) was listed on 21 July 2017, on the grounds of “illegal” transportation of gasoil, a refined petroleum product. The product was “illicitly exported […]

  • Team Tankers Reports Q3 Loss

    14 November 2018
    Business & Finance

    After a profitable second quarter, Team Tankers International closed the third quarter of 2018 reporting net loss.

  • IRISL Denies Ordering Tankers at Sadra

    25 October 2018
    Business & Finance

    IRISL refutes shipbroking reports that linked the company to an order for three tankers at Sadra.

  • Four People Die in Tanker Blast

    15 April 2015
    Business & Finance

    Four people have died in an explosion that occurred on Monday on board a Pertamina-owned tanker while undergoing repairs at Belawan Port in North Sumatra. Three victims died on the spot, while the fourth worker died in a hospital succumbing to fatal injuries. Pertamina spokesman Brasto Galih Nugroho confirmed to the Jakarata Post that the tanker […]

  • Maersk Product Tankers back to black

    25 March 2020
    Business & Finance

    Danish tanker owner and operator Maersk Product Tankers returned to black having reported a profit of $91.4 million for 2019 as freight markets improved across all tanker segments. The profit marks a significant recovery when compared to a loss of $35 million a year earlier. The tanker shipping company reported an increase in revenue to […]

  • Mingde Heavy Pens Seven Tankers

    10 October 2013

    Nantong Mingde Heavy, a fast-growing private-owned enterprise, has signed a new contract under which the yard will build seven eco-friendly 24,000 dwt stainless steel chemical tankers for a European shipowner. This is the first big deal for high-value added ships signed by any Nantong-based shipyard, with the exception of NACKS, since the financial crisis, SinoShip reports citing […]

  • BHIC Completes Sale of Chulan Tankers

    6 May 2016
    Business & Finance

    Malaysia’s Boustead Heavy Industries Corporation Berhad (BHIC) has finalized the sale of three chemical tankers owned by its three subsidiaries with Jasa Merin (Labuan), SILK Holdings’ subsidiary, for a total of USD 17.1 million. In December 2015, each of the three subsidiaries including BHIC Marine Carriers (BMC), BHIC Marine Ventures (BMV) and BHIC Marine Transport (BMT) entered into separate memoranda […]

  • Wärtsilä Unveils Upgraded Tanker Design

    10 September 2014
    Business & Finance

    Wärtsilä has launched its SK 5054 MkII ship design, a further development and upgraded version of the SK 5054 design. The launch of the new chemical and oil products tanker design will take place at the Wärtsilä stand in Hall A4, Booth 305 at the SMM conference and exhibition in Hamburg, Germany. The Wärtsilä SK 5054 ship […]

  • Product Tanker Grounds off Kenya

    27 June 2017

    The 1988-built product tanker Theresa Arctic, which ran aground off the coast of Kilifi in Kenya on June 20, could soon be refloated, according to local media. The Netherlands-based SMIT Salvage, as well as the local salvage company Alpha Logistics were reportedly hired to undertake the refloating operation. The vessel, which was loaded with 27,500 mt of vegetable oil […]

  • Infographic: Highest Valued Tanker Company

    25 August 2015

    In this week’s infographic we presents to you the Highest Valued Company operating in the tanker market. The company that tops the extensive list of tanker owners and operators is Monaco-based Scorpio Tankers, boasting a fleet worth USD 3.3 billion. Scorpio Tankers owns 78 tankers with an average age of 1 year, time charters-in 17 […]